Professional Documents
Culture Documents
Objective: The objective of this course is to acquaint students with the concepts, tools
and techniques of accounting influencing business organizations.
MODULE - I:
Introduction to Accounting: 5 Hrs
Meaning, Need for accounting, Internal and External uses of accounting information,
Accounting concepts and conventions, Accounting practices, Generally Accepted
Accounting Principles. (Concept only of GAAP)
MODULE - 2:
Accounting systems & process 14 Hrs
Nature of accounting, Systems of accounting (Single entry and double entry), Process of
accounting transactions, types of accounts Rules of accounting. Journal -Meaning,
features, simple and compound entries. Ledger-Meaning, features, preparation of ledgers
Subsidiary books - Sales book, sales return book, purchases book, purchase returns book,
receivable book, payable book,
Cash Book- (Single column, double column, and three columnar cash book, petty cash
book) and journal proper.
MODULE - 4:
Rectification of errors and Trial balance 6 Hrs
MODULE-5
Bank reconciliation statement 8 Hrs
Need for reconciliation and preparation of bank reconciliation statement.
MODULE - 6: 10 Hrs
Single Entry system of bookkeeping
Preparation of Opening and Closing statement of Affairs and Computation of profit.
Preparation of revised statement of affairs
MODULE - 7
Fundamentals of Partnership 6 Hrs
Preparation of partners capital account- fixed and fluctuating-preparation of profit and
loss adjustment account –calculation of interest on drawings.
MODULE - 8: 14 Hrs
Final Accounts
Preparation of Trading and Profit and Loss account and balance sheet of sole trading
concerns and partnership firms including all adjustments.
MODULE -V 10 hrs
Organising- Nature and purpose- Principles of Organization- Types of Organisation-
Departmentation- Committees- Authority and Responsibility- Centralization Vs
Decentralization.
MODULE-I
Business and its environment 6 hrs
Meaning, scope and characteristics, Internal and External Environment, macro
Environmental change, SWOT analysis, 7s model
MODULE -II
6 hrs
Political Environment
Indian Constitution-Preamble, Fundamental Rights, Directive principles of state policy
(in brief), political institution-Legisleture, Judiciary, Executives, Role of govt.in business,
rationale and extent of state intervention, political risks, Indicators of political instability.
MODULE-III
3 hrs
Demographic Environment
Population size, Falling birth rate and changing age structure, its implication to business,
Migration and Ethnic aspects.
MODULE-IV
8 hrs
Technological Environment
Innovation, Technology S Curve, technological leadership and followership, Technology
and competitive advantage, Impact of technology, Technology and society, technological
dynamics, Management of Technology.
MODULE-V
10 hrs
Global Environment
Nature of globalization, Manifestation of Globalization, GATT, Uruguay round of
GATT, WTO, Trading blocks (SAARC,EU,NAFTA),Stages of Globalization, Merits
and demerits.
MODULE-VI
11 hrs
Economic Environment
Characteristics of Indian Economy, factors affecting economy, Economic resources,
Impact of Liberalization and Privatisation,Expansion of public sector and its defects,
Ways of privatization,Obstacles,Benefits of privatization.
MODULE-VII
9 hrs
Government Policies
Impact of Fiscal, Monetary and Exim policy, Industrial policy in business
MODULE-VIII
5 hrs
Socio-cultural Environment
Business and society,Professionalisation,Business Ethics, Social responsibility of
business, Responsibility to shareholders,employees,consumers and the community,
Indian situation.
MODULE -IX
1hrs
Natural environment
Impacts of natural environment in Business. Eco Tourism sector
MODULE-X 1hrs
Cross cultural environment
Definition and differences in culture
Books Recommended:
Market structure- Nature of perfect competition; Product and price decisions; Profit
maximizing rule; Shutdown point
Monopoly: factors influencing monopoly- types of monopoly- price discrimination –
types and degrees.
Monopolistic competition: features - output and price decisions
Oligopoly: Types- features- price leadership- cartels- price rigidity and kinked
demand curve.
References
1. Managerial economics, Dominque Salvatore,Tata Mc grahill, New Delhi.
2. Managerial economics, William Boyes, New Managerial Economics, BizTantra
BBM-135:BUSINESS MATHEMATICS
MODULE I : ( 10Hours )
MATRICES AND DETERMINANTS
Matrices and Determinants – Addition of matrices – Multiplication of Matrices by
a scalar – Some special types of matrices – Multiplication of two matrices – Properties of
Matrix multiplication- determinants – Minors and co-factors – properties of determinants
(statement only) – product of two determinants – inverse of Matrix ( Simple Problems
Only).
Application of matrices and Determinants – Matrix representation of data –
Addition of matrices – scalar multiple of a matrix – Applications – Multiplication of
matrices – Applications – System of linear equations- Matrix inverse method – Cramer’s
rule – Leontief’s input – Output model.
MODULE II : ( 10 Hours )
MATHEMATICS OF FINANCE
Simple interest – Compound Interest – Equivalent rate – Depreciation – Present
value – Annuity – Sinking Fund.
MODULE IV : ( 10 Hours )
LINEAR PROGRAMMING PROBLEM
Definition – Linear Programming Problem – Formulation – Solution by Graphical
method.
TEXT BOOKS :
1. “Business Mathematics” by Sancheti & Kapoor , Sultan Chand and Sons.
2. “Quantitative Techniques for Managerial Decision ” by Srivastava , Sharma &
Shenoy , Wiley Eastern Ltd.
BOOKS FOR REFERENCE :
1. “ Business Mathematics and Statistics” by P Navaneetham , Anand Publishers.
2. “ Mathematics for Business and Economics ” by J.D. Gupta , P.K. Gupta &
ManMohan., Tata McGraw Hill Publishing Company Limited.